• guacupado@lemmy.world
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    1 year ago

    Exactly. Nothing short of some socialism is going to fix this when companies can increase prices as much as they want. Current generation kids will say “well the fair market means someone will lower prices and everyone else will have to follow or lose customers.” Adults know that all that’s happening is everyone is raising prices across the board since they all win.

      • Dem Bosain@midwest.social
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        1 year ago

        “Some” socialism means a minimum wage tied to inflation.

        “Some” socialism means industries that provide basic necessities are well-regulated.

        “Some” socialism means corporations pay taxes on income.

        “Some” socialism means anyone paid in stocks (i.e. CEOs) pays taxes on the value of those stocks when they receive them (as income), and then pays capital gains when they sell them.

        “Some” socialism means people pay into the social safety net (SSI, Medicaid, etc.) to the fullest extent of their income.

        Continue as necessary.